CEDARHURST, N.Y.--(BUSINESS WIRE)--MyChargeBack, an international leader in recovering the funds of victims of binary options fraud and binary options scams, has announced that it has broadened its portfolio to include consultation services and partnerships with competing financial recovery companies, credit card issuing banks and leading law firms specializing in consumer rights.
“The inquiries we have received from the financial and legal communities are a vote of confidence in our professionalism and our record of success in obtaining reversals of credit card transactions for our clients,” states Alan Tepfer, MyChargeBack’s Director of Financial Recovery Services and Strategies. “What makes us attractive to them is our bottom line ̶ our record of success,” he notes.
“We bring decades of cumulative experience in the financial industry, including our fluency in credit card regulations, consumer protection laws and banking procedures, as well as chargebacks for service-related investment scams,” Tepfer continues. “Banks, in particular, find that our expertise is a significant asset for them, since their dispute departments may not be familiar with the specific credit card rules and regulations that govern the processing of these types of chargebacks.”
Unlicensed binary options firms present themselves to unsuspecting consumers as legitimate online brokerages. “The perpetrators behind many of the binary options websites,” the FBI has warned, “primarily criminals located overseas, are only interested in one thing ̶ taking your money."
Individual Attention, Streamlining the Process
Six months after it began operating, MyChargeBack made headlines when it had already retrieved $1 million in funds invested by its clients in fraudulent online binary options sites and forex scams. Moreover, by providing individual attention to each case it handles and streamlining the chargeback process opposite credit card issuing banks, MyChargeBack has been able to realize a 50%-70% a monthly increase in its caseload since then.
“Maintaining this pace of growth without sacrificing customer satisfaction makes MyChargeBack the perfect partner for our industry colleagues who turn to us to best address their clients’ cases,” Tepfer concludes.
MyChargeBack is owned and operated by Cactil LLB, which is registered in Delaware and headquartered in New York.